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19 May 2026, 20:00
Donald Trump Abandons Meme Coins In Favor Of These Indirect Bitcoin Exposure Vehicles

US President Donald Trump appears to have quietly shifted his crypto focus from meme coins to Bitcoin (BTC). While his self-titled meme coin, Official Trump (TRUMP), continues to trade in the market after a more than 80% crash, new federal disclosures reveal that the President and his family have been investing in firms with direct ties to BTC . The trades, made in the first quarter of 2026, targeted major global companies built around bitcoin mining, holding, and trading. The move reveals Trump’s deeper push into the crypto market ahead of a clearer regulatory landscape . Trump Expands Exposure From Meme Coins To Bitcoin Firms New government records show that Trump and members of his family made a series of investments in crypto-linked stocks during the first three months of this year. The disclosures, which immediately caught the attention of investors and analysts, were submitted to the US Office of Government Ethics (OGE) and made public this week. The document, known as an OGE Form 278-T, revealed thousands of stock trades carried out under the names of Trump and his family between January and March 2026. Among the crypto stocks, the family bought shares in MARA Holdings (MARA), the world’s largest publicly traded Bitcoin miner, Coinbase (COIN) , the largest crypto exchange, and Strategy (MSTR), the world’s first and largest Bitcoin treasury. Filing records also show nine trading entries linked to Coinbase, with the biggest single transaction executed on February 10 and valued somewhere between $100,001 and $250,000. Two smaller purchases of MARA Holdings were also recorded, with each trade below $50,000. Interestingly, Strategy shares saw the most activity, with eight transactions that included both buying and selling. The largest stock purchase came on February 12, valued between $50,001 and $100,000. Meanwhile, the largest sale was recorded on January 12, with an estimated amount between $15,001 and $50,000. Thousands More Trades Round Out Trump’s Busy Quarter Bitcoin-related stock purchases were only a small part of what Trump and his family traded in Q1. In total, more than 2,000 transactions took place during that quarter, with the overall value of trades estimated between $220 million and $750 million. Beyond Bitcoin, the filing reported that Trump bought shares in some crypto and fintech stocks, including Robinhood (HOOD) , Block Inc. (XYZ), PayPal (PYPL), and SoFi Technologies (SOFI). Other major transactions included purchases of major tech companies such as Nvidia (NVDA), Microsoft (MSFT), Oracle (ORCL), and Boeing (BA), with some of those trades falling in the $1 million to $5 million range. Notably, Trump’s assets are held in a family trust managed by his children, and some of the trades appear to have been handled through third-party firms rather than directly by the US President. The filing does not give exact amounts of these trades, only ranges. It also does not show whether any trades resulted in a profit or a loss.
19 May 2026, 19:55
Canaan Reports $88.7 Million Net Loss in Q1 as Bitcoin Mining Revenue Slumps

BitcoinWorld Canaan Reports $88.7 Million Net Loss in Q1 as Bitcoin Mining Revenue Slumps Bitcoin mining hardware manufacturer Canaan Inc. recorded a net loss of $88.7 million in the first quarter of 2025, the company announced in its latest earnings report. The steep loss comes as the firm grapples with declining computing power sales and a sustained drop in the average price of Bitcoin, two factors that have weighed heavily on its top-line performance. Revenue Decline and Market Pressures Canaan reported revenue of $62.7 million for the quarter, a figure that aligned with the company’s prior market guidance but marked a significant 68.1% decline from the previous quarter. Compared to the same period last year, revenue fell by 24.3%. The company attributed the weak performance to a decrease in the total computing power sold, as well as a lower average selling price for its mining machines, which are priced in Bitcoin terms and thus sensitive to the cryptocurrency’s market value. Bitcoin Price Impact and Industry Context Bitcoin’s price averaged around $62,000 during Q1 2025, down from roughly $70,000 in Q4 2024 and significantly below its all-time highs. For mining hardware manufacturers like Canaan, a lower Bitcoin price reduces the profitability of mining operations, leading miners to delay or scale back equipment purchases. This dynamic has created a challenging demand environment for Canaan and its peers, including Bitmain and MicroBT. Operational and Financial Implications The $88.7 million net loss represents a sharp reversal from the company’s performance in earlier quarters, when rising Bitcoin prices and strong demand for mining rigs drove revenue growth. Canaan’s cost structure, including research and development expenses and inventory write-downs, has not adjusted quickly enough to offset the revenue decline. The company’s cash position and ability to weather a prolonged downturn will be closely watched by investors and analysts. Outlook and Strategic Response Canaan management has indicated plans to focus on cost optimization and product efficiency improvements in the coming quarters. The company is also exploring diversification into other high-performance computing markets, such as artificial intelligence, to reduce its reliance on the volatile cryptocurrency mining sector. However, near-term visibility remains low, and the company has not provided specific revenue guidance for Q2 2025. Conclusion Canaan’s Q1 2025 results underscore the persistent vulnerability of Bitcoin mining hardware manufacturers to cryptocurrency price cycles. While the company’s revenue met its own expectations, the magnitude of the net loss highlights the operational leverage inherent in the business. For investors and industry observers, the key question remains whether Canaan can navigate the current downturn without further significant financial erosion, or whether a recovery in Bitcoin prices is needed to restore profitability. FAQs Q1: Why did Canaan’s revenue drop so sharply in Q1 2025? A1: The revenue decline was driven by two main factors: a decrease in the total computing power (hashrate) of mining machines sold, and a lower average selling price for those machines. Both were influenced by the drop in Bitcoin’s average price during the quarter, which reduced miner demand for new hardware. Q2: How does Bitcoin’s price affect Canaan’s business? A2: Canaan’s mining machines are priced in U.S. dollars but their value is closely tied to Bitcoin’s market price. When Bitcoin falls, mining becomes less profitable, leading miners to reduce capital expenditures on new equipment. This directly reduces demand for Canaan’s products and compresses its margins. Q3: Is Canaan at risk of financial distress? A3: While the $88.7 million net loss is significant, Canaan has maintained a cash reserve from prior profitable periods. However, if the downturn persists for multiple quarters, the company may face liquidity pressure. Management is actively cutting costs and exploring new markets to mitigate the risk. This post Canaan Reports $88.7 Million Net Loss in Q1 as Bitcoin Mining Revenue Slumps first appeared on BitcoinWorld .
19 May 2026, 19:52
3 cryptocurrencies to reach $10 billion market cap in 2026

Amid strengthening fundamentals for the Web3 space, three cryptocurrencies are well-positioned to rejoin the eight non-stablecoin projects with market capitalizations above $10 billion in 2026. On May 19, Finbold analyzed three crypto assets likely to reach a $10 billion market cap in 2026 based on these traits: strong institutional support, regulatory clarity that removes years of legal overhang, or a major protocol upgrade that unlocks new utility. Zcash (ZEC): The institutional privacy bid The best candidate to make the leap is Zcash ( ZEC ), which had a market cap of approximately $9.6 billion at press time, just 4.17% shy of $10 billion. Already, ZEC price has edged nearly 12% year-to-date (YTD) to trade at around $573.62 at the time of publication. ZEC/USD YTD chart. Source: Finbold This altcoin has received significant institutional support due to its time-tested privacy-centric features. Among the notable backers for ZEC are Grayscale Investments, which filed to convert its Zcash Trust into the first U.S. spot privacy-coin exchange-traded fund (ETF), and Multicoin Capital Management, which disclosed a major Zcash position built since February 2026. Cardano (ADA): The regulatory clarity catalyst Next in line is Cardano ( ADA ), which traded at a market cap of roughly $9.2 billion at press time, nearly 8% away from $10 billion. Furthermore, ADA dropped out of the $10 billion club after falling more than 25% year-to-date, trading at approximately $0.248 on Tuesday. ADA/USD YTD chart. Source: Finbold The likely catalyst for ADA to reclaim a $10 billion market cap could be regulatory clarity in the United States. Already, Paul Atkin, the Chairman of the U.S. Securities and Exchange Commission (SEC), through the March 2026 safe harbor proposal, classified ADA as a non-security. Amid the anticipated enactment of the Clarity Act, a proposed federal regulation to legalize crypto assets, the SEC could approve several spot ADA ETF filings. Moreover, several institutions, including Grayscale Investments, VanEck, 21Shares, and Canary Capital, have filed for spot ADA ETFs. Bitcoin Cash (BCH): The upgrade-driven rally The other coin likely to re-enter the top 8 crypto assets is Bitcoin Cash ( BCH ), which traded at a market cap of approximately $7.4 billion at the time of publication, thus representing around 35% from $10 billion. Although BCH price has fallen by over 38% YTD to trade at about $368.78 at the time of reporting, the network recently received a major upgrade. BCH/USD YTD chart. Source: Finbold On May 15, the Bitcoin Cash network activated the Layla hard fork, adding smart contract capabilities that turned BCH into a programmable money layer. The post 3 cryptocurrencies to reach $10 billion market cap in 2026 appeared first on Finbold .
19 May 2026, 19:51
Long Traders Lose $17.3M as Bitcoin Stalls Below $77,000 on Iran Tension

Bitcoin fluctuated between $76,200 and $77,245, ultimately stabilizing around $76,750. Despite the daily volatility (up 0.7%), it remained down nearly 5% for the week, holding a market cap of $1.54 trillion. Geopolitical Tension Stalls Momentum Bitcoin traded sideways on Tuesday, oscillating between a low of $76,200 and an intraday high of $77,245 as global markets
19 May 2026, 19:51
Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex

The United States and the broader global economy are facing an increasingly fragile macroeconomic backdrop. U.S. inflation has risen to 3.8% year-over-year, per April consumer price index (CPI) data, and real wages have turned negative with long-term Treasury yields climbing to multi-year highs. Amid a hostile macro environment, bitcoin (BTC) has pulled back and erased the gains from its early-month rally . This correction is further driven by weakening institutional demand and outflows from spot exchange-traded funds (ETFs). Weakening Institutional Demand According to this week’s Bitfinex Alpha report , the U.S. macro backdrop has shifted toward a “higher-for-longer inflation environment.” Market expectations for Federal Reserve rate cuts have been removed, with rate hikes becoming a more likely scenario as the year progresses. With the possibility of renewed tightening rising, bitcoin is losing momentum and becoming more vulnerable to exogenous shocks and to a high-for-longer interest rate regime. Unfortunately, this development comes at a time of deteriorating liquidity conditions – the worst since February. Analysts said the two primary engines of marginal demand, which are spot ETFs and yield-bearing products like Strategy’s STRC, are currently under duress. ETFs ended their six-week inflow streak last week, recording almost $1 billion in net outflows. On-chain capital flows currently sit at $2.8 billion, far below the $10 billion historically associated with durable bull phases. “As market sentiment transitions from acute fear toward persistent uncertainty, analysts say the validity of the current recovery now hinges almost entirely on whether fresh net capital continues entering the market,” analysts explained. Market Vulnerable to Further Downside As Bitfinex warned two weeks ago, the Bitcoin market is not positioned for sustained upside. Despite the rally toward $82,000, institutional conviction has remained insufficient to absorb macro shocks and rate volatility, leaving the market vulnerable to further correction. Bitcoin is already trading at a two-week low, reflecting a significant structural problem that could worsen due to hostile macro conditions. At the time of writing, BTC was trading around $76,700, roughly 6.5% below its weekly opening of $82,160. While the asset is testing levels near the monthly open, analysts expect the price to fluctuate between $72,000 and $80,000. Net capital flows, as measured by the Realized Cap 30-Day Net Position Change, will determine whether the broader recovery structure remains intact in the coming weeks. The post Bitcoin Faces Correction as Institutional Demand Weakens Amid Macro Pressure: Bitfinex appeared first on CryptoPotato .
19 May 2026, 19:50
Bitcoin’s Sharp Drop Fueled by Leverage Liquidations, Analyst Says

BitcoinWorld Bitcoin’s Sharp Drop Fueled by Leverage Liquidations, Analyst Says The recent steep decline in Bitcoin’s price was primarily driven by a cascade of leverage liquidations, according to Diana Pires, chief business officer at digital asset prime brokerage sFOX. In analysis reported by The Block, Pires explained that as selling pressure mounted on long positions accumulated over recent weeks, BTC experienced a sharp downturn. She noted that rapid leverage unwinding can cause the derivatives market to react ahead of the spot market, amplifying volatility and accelerating short-term declines. Macroeconomic Headwinds Intensify The sell-off comes against a rapidly deteriorating macroeconomic backdrop. Traders are now pricing in a 60% probability of a U.S. Federal Reserve rate hike by the end of 2026, a stark reversal from earlier expectations of rate cuts. This shift reflects persistent inflation pressures that have confounded policymakers for five consecutive years, during which the Fed’s 2% target has been consistently missed. Adding to the uncertainty, oil prices remain near triple-digit levels amid a de facto blockade of the Strait of Hormuz, a critical chokepoint for global energy supplies. The combination of elevated energy costs and tightening monetary policy is creating a challenging environment for risk assets, including cryptocurrencies. The Mechanics of a Leverage-Driven Sell-Off Pires’ analysis highlights how leverage built up in the system can exacerbate price moves. When a large number of long positions are liquidated simultaneously, the forced selling can overwhelm spot market demand, leading to rapid price declines. This dynamic is particularly pronounced in cryptocurrency markets, where derivatives trading volume often exceeds spot market activity. The analyst pointed out that such events are not uncommon in crypto markets, but the scale of the recent liquidation was notable. The Block’s report did not specify the exact percentage drop or total liquidated value, but the implication is clear: excessive leverage had been building for weeks, and its unwinding triggered a violent correction. What This Means for Investors For retail and institutional investors alike, the episode serves as a reminder of the risks inherent in leveraged trading. The speed of the decline caught many off guard, and the subsequent volatility underscores the importance of risk management. The broader macro picture—persistent inflation, potential rate hikes, and geopolitical instability—suggests that further turbulence may lie ahead. The market’s base outlook for the second half of this year is shifting from expectations of rate cuts and a soft landing to a regime that must prioritize defending inflation credibility, according to The Block. This repricing of risk is likely to keep pressure on speculative assets, including Bitcoin, in the near term. Conclusion The Bitcoin price drop was not an isolated event but rather the product of a confluence of internal market dynamics and external macroeconomic pressures. Leverage liquidations served as the immediate trigger, but the underlying causes—tightening monetary policy, persistent inflation, and geopolitical risk—are structural. For the crypto market, the path forward will depend on how these macro forces evolve and whether the current de-leveraging cycle runs its course. FAQs Q1: What caused the recent Bitcoin price drop? The drop was triggered by a cascade of leverage liquidations, as long positions accumulated over recent weeks were forcibly sold. This was compounded by a worsening macroeconomic outlook, including rising expectations of a Fed rate hike. Q2: How does leverage affect Bitcoin’s price volatility? Excessive leverage amplifies price moves. When many leveraged long positions are liquidated simultaneously, the forced selling can overwhelm spot market demand, leading to rapid and sharp declines. Q3: What is the current macroeconomic outlook for crypto? The outlook is increasingly challenging. Traders now see a 60% chance of a Fed rate hike by end of 2026, oil prices remain elevated due to geopolitical tensions, and inflation has persistently exceeded the Fed’s target for five years. This post Bitcoin’s Sharp Drop Fueled by Leverage Liquidations, Analyst Says first appeared on BitcoinWorld .

















































